Restaurant Brands International Inc. QSR is likely to benefit from expansion efforts, menu innovation and the loyalty program. Also, focus on re-imaging initiatives bodes well. However, pandemic-induced soft traffic is a concern.
Let us discuss the factors highlighting why investors should retain the stock for the time being.
Factors Driving Growth
Restaurant Brands believes that there is a huge opportunity to grow all its brands around the world by expanding its presence in existing markets as well as entering new markets. To this end, the company continues to evaluate opportunities to ramp up international development of all the three brands by establishing master franchisees with exclusive development rights as well as joint ventures with new and existing franchisees. During second-quarter 2021, the company opened the 400th Burger King store in France in association with its master franchisee, Groupe Bertrand.
The company is confident about the Tim Hortons brand’s